If the states do not chip in with better governance procedures in the setting up of new businesses, providing electricity connections, enforcing contracts, issuing construction permits or registering property, there is little the Centre can do on its own to quickly move India up the index on ease of doing business, says A K Bhattacharya.
Assuming that demonetisation had not happened, the value of notes in circulation this year could have increased to Rs 19.3 lakh crore. But what we have, instead, by the end of August is a 20 per cent lower figure for currency notes in circulation, says A K Bhattacharya.
In spite of an overall healthy rise in exports, there are many traditional sectors which used to be the mainstay of India's exports in the past, but are now suffering from significant weaknesses, says A K Bhattacharya.
To make its voice more credible and impactful, the Congress must articulate its alternative agenda for reforms, economic growth and a more inclusive political discourse.
If Sinha's criticism gives credence to the view within the party that its members are afraid to speak up, it can do long-term damage.
Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used? More importantly, what are those sins?
Could the gains in terms of widening the tax net, increased digital transactions and detection of higher fake currency notes have been achieved without the huge disruption and output loss that demonetisation caused to the Indian economy, asks A K Bhattacharya.
The cancellation of over a million duplicate or multiple permanent account numbers belonging to the same person or entity may have led to the disappearance of many of those who used to file returns earlier, but now no longer exist, says A K Bhattacharya.
This will violate the time-honoured convention that a government elected for a five-year tenure presents only five full Budgets, but the NDA government will no doubt present it as yet another initiative of Mr Modi.
Is there a conflict of interest in civil servants having a decisive say on the recommendations made by a Pay Commission or is it time for a new review mechanism, asks A K Bhattacharya.
The price of ensuring no disruption after rolling out the GST seems to be an imperfect GST with many relaxations in its compliance norms, says A K Bhattacharya.
India may hold the promise of a big market for China, but that promise is yet to be fulfilled
The GST's significance for the BJP's politics is as important as its implications for the Indian economy, says A K Bhattacharya.
As the Modi government enters the fourth year of its tenure, it is looking more confident, shedding its earlier inhibitions about offering sops or new opportunities to big business, says A K Bhattacharya.
Besides advancing the presentation of the Budget to perhaps the first week of January, , there are four new initiatives that could be rolled out from the next Budget, says A K Bhattacharya.
The new IIP numbers should spread cheer among those who were part of the Manmohan Singh-led United Progressive Alliance, earlier accused of having presided over a steady deterioration in industrial performance, particularly in the last two years of its tenure, says A K Bhattacharya.
Prime Minister Narendra Modi has five key aspects to his style of leading -- total command over bureaucracy, direct approval on every decision, flexible approach to issues, importance of communication and adept at repackaging schemes, says A K Bhattacharya.
Govt mulls gradual switchover to the January-December financial year
If the government could do without 23 per cent of the authorised posts, surely a start could be made in government downsizing by abolishing these vacancies, says A K Bhattacharya.
Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya.